Bursa Malaysia ruling hinders govt plan to take over toll companies, says report | The Malaysian Insight

The Pakatan Harapan government wishes to wrest control of toll companies to be able to fulfil its election promise to banish toll charges, but critics have pointed out that a selective proposed takeover of toll operations is not a viable permanent solution. – The Malaysian Insight file pic, December 2, 2019.

BURSA Malaysia may have scuppered the Finance Ministry’s ambition to seize control of highway concessionaires, Singapore’s Straits TimesCiting bankers close to the negotiations, the report said the bourse had laid down prohibitive conditions on the majority shareholders of the four highway companies the Malaysian governmentEffective July 2018, access to full reports will only be available with a subscription.

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